What is Primavera and Why It is Important in the field of Project Management

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The word primavera is now sound everywhere in the field of project management. With the development of the industries the project management methodology has been restively improved. The requirement of enterprise level project and portfolio management system has been also increased. There are several project management software has been in the market but the primavera found the fittest one according to the demand of the industries.

Primavera provides projects and programme management programme for the construction, IT, manufacturing, oil and gas industries. Primavera specially focused on PPM or project portfolio management. The solution of the primavera enables user to measure progress, assure governance, improve team collaboration and prioritize project investments and resources. The primavera is flexible to integrate with other enterprise software and database like Oracle, SAP ERP etc.

Primavera was launched by Primavera Systems Inc in 1983 and it was acquired by Oracle Corporation in 2008. Before 2008 primavera has a long established product P3. P3 was the most popular software and mostly used by the 25% of heavy contraction industries. Next popular most software holds the market of around 11%. Primavera launched their most popular version with oracle is P6. The basic difference of P6 from the P3 was move the software DOS type short cut to mostly mouse click graphical representation.

Primavera currently comes as a group of software is providing services in intensive industries like construction, aerospace and defense, utilities, oil and gas, chemicals, industrial manufacturing, automotive, financial services, communications, travel and transportation, healthcare, and government.There are several softwarein the group to operate particular regime like resource allocation, cost reduction, supply-chain efficiency, and decision-making―using real-time data, for the Enterprise market. The following softwares are in the group of Primavera P6.

  • Primavera P6 Enterprise Project Portfolio Management
  • Primavera P6 Professional Project Management
  • Primavera P6 Analytics
  • Primavera Portfolio Management
  • Primavera Contract Management
  • Primavera Risk analysis
  • Primavera Inspire for SAP
  • Primavera Earned Value Management
  • Primavera Contractor
  • Primavera Unifier

The projects totaling more than $6 trillion in value have been managed with Primavera products. Most of the large, medium and small companies are turn to primavera portfolio management solution to get better management on decisions, evaluate the risks and rewards associated with projects, and determine whether there are sufficient resources with the right skills to accomplish the work.

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